Sell LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards

A bearish movement down to the next support at 115.380000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 122.730000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 114.26 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 122.730000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 125.340000000
2nd High 124.030000000
Next High 122.730000000
Current Price 116.040000000
Next Low 115.380000000
2nd Low 114.260000000
3rd Low 106.010000000

Download LTC/USDT Signal Image

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